Which of the following are product mix filexibility measurements?I) Manufacturing cycle timeII) New Product introduction timeIII) Multi-skilled workersIV. Supplier quality
Answer(s): B
Which of the following are product mix filexibility measurements?1. Manufacturing cycle time2. New Product introduction time3. MuIti-skilled workersSupplier quality would be for volume filexibility not product mix filexibility
There are three elements in a project that if you change one you must change one or both of the other two. Which of the following is NOT included in the project management triangle?
Answer(s): A
The project triangle includes project costs, duration, and quality. If you change to a shorter duration you will either need to increase costs or decrease quality. People would be considered a cost in this model since they are charging their time to the project.
Out of the different approaches to cutting over to a new technology, which one utilizes the least amount of human resources?
Answer(s): C
The big bang approach utilizes the least amount of human resources?
Which of the following are a basic approaches to compensation?I) Cost BasedII) Fixed RatesIII) Skills BasedIV. Profit Sharing
The following are basic approaches to compensation1. Fixed Rates2. Skills Based3. Profit Sharing4. Incentive methodsCost base would not be a basic approach to compensation. If reduce cost and increase profit that would be under Profit sharing approach.
What is the FIRST thing in the phases of change?
The phases of changes include1. Identify the project2. Plan the project3. Action the plan4. Implementation5. Reorganizing to the new6. Systemizing the change7. Closure
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